The U.S. government is reporting that total construction spending in July was at a seasonally adjusted annual rate of $1,364.6 billion, which is 0.1% above than June’s revised estimate. However, July’s figure was 0.1% lower than July, 2019. Residential construction was at a seasonally adjusted annual rate of $546.6 billion in July, which is 2.1% higher than June’s revised estimate.
Click here to read the full report at Census.gov.
